WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Short Interest Down 23.3% in July

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totalling 836,500 shares, a decline of 23.3% from the July 15th total of 1,090,000 shares. Based on an average trading volume of 1,380,000 shares, the days-to-cover ratio is currently 0.6 days.

WiMi Hologram Cloud Price Performance

Shares of NASDAQ:WIMI remained flat at $0.71 during trading on Thursday. The stock had a trading volume of 158,582 shares, compared to its average volume of 2,126,927. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.67 and a quick ratio of 3.67. The stock has a 50 day moving average price of $0.83 and a two-hundred day moving average price of $0.89. WiMi Hologram Cloud has a 1-year low of $0.56 and a 1-year high of $1.87.

Institutional Trading of WiMi Hologram Cloud

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Virtu Financial LLC bought a new position in WiMi Hologram Cloud during the first quarter valued at $42,000. XTX Topco Ltd bought a new position in WiMi Hologram Cloud during the 2nd quarter valued at about $45,000. Finally, Vontobel Holding Ltd. raised its position in WiMi Hologram Cloud by 32.7% in the 4th quarter. Vontobel Holding Ltd. now owns 64,099 shares of the company’s stock worth $52,000 after purchasing an additional 15,808 shares during the period. Hedge funds and other institutional investors own 0.96% of the company’s stock.

WiMi Hologram Cloud Company Profile

WiMi Hologram Cloud Inc provides augmented reality (AR) based holographic services and products in China. It operates in three segments: AR Advertising Services, AR Entertainment, and Semiconductor Related Products and Services. The company primarily offers holographic AR advertising services and holographic AR entertainment products.